Understanding consumer choices and their drivers of willingness to pay (WTP) for a bottle of wine has been a research … challenge in wine economics, particularly in niche markets such as sparkling wine. This study investigates the determinants of … WTP for sparkling wine based on data from Portuguese consumers. The results provided by two alternative methodologies are …

Is the quality of a 91-point wine significantly different from that of an 89-point wine? Which wines are underpriced … relative to their evaluation of quality? This paper addresses these questions by constructing a novel wine rating system based … on scores assigned by a panel of wine experts to a set of wines. Wines are classified in ranked disjoint quality …

Consumers often struggle to make their choice in the highly diversified wine market. With wine being an experience good … consumer ratings have become an increasingly useful and widespread tool. Vivino is one of the largest online wine communities … established wine expert ratings are being challenged. This study analyzes data from Vivino to explore factors affecting consumer …

Crowdsourcing platforms-such as Vivino-that aggregate the opinions of large numbers of amateur wine reviewers represent … a new source of information on the wine market. We assess the validity of aggregated Vivino ratings based on two … be partly attributed to differences in scope: Whereas amateurs focus on immediate pleasure, professionals gauge the wine …

Until recently, most grape-based wine was consumed close to where it was produced, and mostly that was in Europe. Now … more than two-fifths of all wine consumed globally is produced in another country, including in the Southern Hemisphere …, the USA and Asia. This latest edition of global wine statistics not only updates data to 2016 but also adds another …

China has been one of the most important sources of growth in global wine demand this century, accounting for 7% of the … world's wine consumption and imports by 2017, or four times its 2005 shares. But China's per capita wine consumption peaked … considerably larger for wine (47%) than for spirits (17%) and beer (3%). Thus, wine's share of alcohol consumption in China fell by …

This article explores the issues surrounding the agroecological transition in the European wine industry, focusing on …. The study distinguishes between stakeholders from the wine industry, institutions and the agricultural research sector … stakeholder perspectives and challenges, thus contributing to a better understanding of priorities in the European wine industry …

The objective of this discussion paper is to provide an overview of the state of the global wine sector in 2022 and … discuss the effects of recent events on the wine trade’s development. First, long-term trends in the global consumption and … production of wine and the development of the international wine trade are discussed. The growth trend of global wine consumption …